{ "media_type": "text", "post_content": "How long do you need to wait after leaving the firm to invest in ETFs that have your clients as part of their holdings?", "post_id": "5bf85e009a4df30017fdbe43", "reply_count": 6, "vote_count": 3, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }

How long do you need to wait after leaving the firm to invest in ETFs that have your clients as part of their holdings?

likehelpful
Posting as :
works at
You are currently posting as works at

You are not automatically prohibited from owning an ETF just because it invests in your audit client. If your client comprises less than a certain percentage of the ETF’s total holdings, you’re generally permitted to invest in it. (You can find the percentage in the US Independence Policy.)

like

In most cases, individual securities do not comprise a large enough portion of the total ETF to trigger an independence issue, unless the ETF heavily weights it’s holdings in a select few stocks.

like

If you’ve left the firm... one day

like

You can always check the ETF’s ticker in your firm’s tool to see if it’s permissible. So far all the ETF’s I’ve checked are okay!

like

@Manager 1 if I’ve left the firm, I can’t check the ETF in the tool. Since I am no longer employed, am I subject to any independence policies?

No...

Additional Posts in Accounting

Hi Fishes, Does JPMorgan Chase have car lease policy? What all can be claimed under the special allowance?

like

Anyone here work for Spotify? Can you comment on Spotify’s culture?

like

Thinking about quitting and moving to Denver. Any companies there yours want to work for?

like

Vying for a role of snr financial analyst at WTW, any referal would be truly appreciated!

like

Equinox, Lifetime Fitness or Athletic Club? I live in LP/LV

like

thoughts on Deloitte’s change management competency? are there better solutions within their Human Capital practice?

How soon until we all take jobs at consultancies?

likehelpful

Any thoughts on Gartner Executive Partner positions? Appreciate any insights into client support load expectations and if this is a sales expectation / quota carrying role, or if it’s closer to Client Success type work. Also interested in learning more about comp. Structure if anyone is willing to share. Gartner

like

Is an MBA actually worth it? I’ve moved from big4 -> t2, am 24 and on 60k. By the time I finish an MBA, that’s be at least 4 years. If I stay at my current firm, I’d be earning probably 6 figures +, which is above mbb / tier 2 mba pay.

like

10 plus experience. Litigation and I. P. Was working in a law firm however due to covid the firm closed their delihi office. Any job opening...

like

Hi fishes, I have an offer from Fractal as well as Tiger. Decision scientist at Fractal Senior Analyst(Data Science) at Tiger Which one is more suitable for Data science learning. I'm talking about more development and exposure to tech and less Consulting.

Fractal Tiger Analytics

like

Not having great luck on LinkedIn, are there any creative agencies in Denver looking for an Account Coordinator/Executive? Recently got my Scrum Master Certification.

Finally a bowl with folks I can relate to! 😊

like

New joinee to EY GDS.
Any tips, tricks or suggestions for filling up the time sheet ?
Seems a very tedious task for me. 🥲

likefunny

Hi,

I forgot to backup filevault recovery key while enabling encryption on Mac laptop.

It will create any problem in future?

like

What are your top 5 Entertainment picks of 2021?

TV show?
TikTok?
Book?
Meme?
Song/Artist?

like

What does it mean when the recruiter does all the talking in a phone screen?

like

When you’re asked about your hourly rate, do you also ask about how many hours they have scoped for the project? I’m used to working on a day rate but this place does hourly, with 1.5x for overtime. Thanks.

like

Does anyone else feel delayed in their career, compared to their peers?

like

Is the QSA a good certification to obtain for PCI? Any insight on salary range for LCOL area?

like

Additional Posts (overall)

I have a 1:1 annual meeting with a partner coming up - a practice they recently implemented to gauge what your plans and thoughts are about your job and career. I've been extremely unhappy and am

like

How long does Deloitte UK take to get back to you after the Director's interview? I applied for the position of an Assistant Manager.

like

If I take a week long vacation and sneak a sick day or two into the vacation, will I get in trouble?

like

Did the math. After accounting for non-billable travel and 80hr work weeks I'm making $13.25/hr. This whole $15.00 minimum wage argument never made it up the pipeline to big 4 leadership

like

Any advice to not get stuck in analysis paralysis when working on memos and workpapers?

like

Hey 🐠🐟 - what’s your title and charge hour requirement for the year? Senior here is at 1,800 charge per year.

like

Starting to realize my Excel skills are shit.

like

Does ESS make more than process assurance (PWC) ?

like

How do u deal with a manager jealous of you all the time and showing off her life to you at work! Can’t slap her face but this is annoying

like

To every person that’s looking to quit to industry, there are a TON of startups that have made a name for themselves that are literally rolling in funding money that’s looking for accountants.

likeuplifting

Any recommendations on small size safe that can be bolted down or fixed to wall/floor? I'm in floodzone so something definitely ranked high in water safety for contents.

*Not current conflict related, before anyone comes with crazy comments. And apologies if not correct bowl for this.

like

Has anyone at a Big 4 been drug tested outside of a specific client requirement?

like

Is Deloitte’s next pay date this Friday or next Friday? US

like

I have a $3000 medical expense coming up soon. Would it be smart to put money in my HSA right now and then use my HSA debit card to pay?

likesmart

Has anyone ever been degraded at work? Details please!

like

I took pto and came back to the work that came in during the week sitting without email replies to clients from team members on the email and the team didn’t send the work to be completed to the newer staff below me . I came back and replied to all the emails and sent all the work to the staff below me. Thoughts? I feel like I am a one person team for the clients I am on

like

Prayers and well wishes for Julia Louis-Dreyfus. I fucking hate cancer.

like

Pros and cons of working with a headhunter rather than just applying to things directly on your own?

likesmart

Only you can identify material misstatements and/or find great tax savings.

-Smokey The Bear’s Uncle

like

Me: "Roses are red..."
Clients: "Violets are blue..."
Me: "When can you complete the PBC request list..?"
Client: "I have no clue..."

#busyseasonpoetry #truestory #happyvalentinesdayeveryone 💕

likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy.

Already have an account? Log in

New to Fishbowl?

image with Fishbowl logo and arms reaching out for a handshake

Already have an account? Log in

By continuing you agree to Terms of Use and Privacy Policy.
Messaging rates may apply

For account settings, visit Fishbowl on Desktop Browser or

General

Legal